Lic 10845, Independently Owned & Operated
Lic 10845, Independently Owned & Operated
Menu
Menu
Menu
Commercial Mortgages
Mortgages Financing from $1,000,000
- Get Maximum Loan to value (LTV) of the property
- Efficient Approval and hassle free access to the Capital
Commercial Mortgage
Commercial Mortgage in Milton
The mortgages that have their collateral as the commercial properties such as office buildings, factory sheds, warehouses etc., are known as commercial mortgages. The purpose of taking a commercial mortgage is also most commonly commercial. In simple terms, a residential property cannot be taken in as collateral for a commercial mortgage.
What Are the Important Things To Know In A Commercial Mortgage in Milton
- An individual cannot opt for a commercial mortgage, hence a company or any legal entity can be a borrower
- Commercial mortgage can be availed on residential real estate properties if they are an investment to the borrower
- All financial data and other important data regarding the company or the legal entity needs to be assessed to avail a commercial mortgage
Our team at AKAL Mortgages Inc. will help you avail the finest commercial mortgages in Milton that suit your business requirement and also consult you regarding your finances for your organization for assessing the need of a commercial mortgage. With our efforts we shall ensure that you are relieved and do not have to go through the hectic compliance process by yourself.
Portability
If you plan to live in the home for more than five years, you need not worry about portability that is, shifting the mortgage to a new property.
Low-Frills Mortgages
If you don’t plan on moving, refinancing or making huge prepayments in the upcoming five years, you can consider low-frills mortgages.
Extra-Savings
Most first-timer buyers opt for a 5-year fixed rate because they cannot afford an interest risk.
Hybrid Mortgages:
If you do go variable, look for one that maintains your payment the same regardless of interest rate variations. It’s easier for budgeting and gives you peace of mind if rates start climbing.
When we say YES! We stand behind our
Mortgage insurance
We Offer To You
STEPS & PROCESS
Easy Approval Process
CHOOSE YOUR SERVICE
Why You Should Choose AKAL Mortgages Inc.
Borrowers
- When we say YES! We stand behind our promise
- Mortgage solutions based on your needs and qualifications
- Fast approvals and quick closings
- Save time and money
- Lower mortgage rates due to lender discounts and promotions
- Licensed, knowledgeable and experienced
- Protect your credit score
Brokers
- The Most Important: Dedication to our agents!
- Bootcamp-3-days: Learn Lead Generation, Products and Underwriting
- Training: Weekly training and industry updates, One on one support
- Mentoring: Specialize in Residential, Business and Commercial
- Lead Generation: Proven successful campaigns to generate leads
- Personal website; mobile Apps; online virtual meetings, e-signatures
- Lenders: VIP access to more lenders and top tier compensation
- Professional office (at no cost to you): Meet your clients at the office
FAQ
Frequently Asked Questions
If and whenever you decide to go in for self-employment a commercial mortgage specialist helps in reducing your financial worries by providing you loan on your property thus reducing the pressure on your savings.
The amount offered is on the basis of the assessment done about the value of property, the size of the deposit that you (the applicant) can offer and the ratio between your LTV and the amount to be sanctioned.
No you can apply for any amount but it will depend on the assessment done as to how much will be sanctioned by the lender